Industry

Sharp growth in China’s BYD Q1 profits

Shenzhen-based automaker BYD sold 45,000 cars in April, up 40.6 percent over its poor showing in the period a year ago, but a decline...

FAW-VW to start new ‘Kai Li’ sub brand, focused on EV’s

Volkswagen will finally make pure EV's but not under the Volkswagen name. The EV's will be made by a new sub brand from the...

New Audi A1 will be made in China

The new Audi A1 debuted on the Shanghai Auto Show. It will be listed on the Chinese market this year as an import to...

New Saab 9-5 pops up in China, at a Hawtai dealer

Only last week Saab and Hatwai (Huatai in Chinese) decided to work together. One week later this pic of the new Saab 9-5 at...

New Chery QQ3 postponed to 2012

The new Chery QQ3 was expected to debut at the Shanghai Auto Show but it didn't arrive. A spokesman from Chery told Chinese media...

JAC building its second car plant in China

After selling nearly 200,000 passenger vehicles last year, Jianghuai Automobile Co (JAC) has begun construction on a second car plant in East China's Anhui...

Beijing car buyers Rush to buy impounded cars at Court Auctions

New developments in the mad scramble for license plates in Beijing. Residents of the Chinese capital don't get a plate anymore just when they...

Brilliance to start Joint Venture in Benin

The automaker Brilliance China Automotive Holdings Ltd has signed a preliminary cooperative framework with Beijing Runfar Investment Group to establish a joint venture. The deal...

Honda China says production halt unrelated to Japan quake

Honda Motor said Wednesday that the production halt at its Chinese plants was unrelated to the March earthquake that hampered its supply...

Saab agrees 150 mln euro deal with China’s Hawtai

From Reuters: Saab, Hawtai enter strategic partnership * Hawtai to invest 150 mln euros in Saab * CEO's investment firm to convert loan into shares AMSTERDAM, May 3...